t
| Date | 10 Mar 2022 |
| Time | 14:31:25 |
| Category | Director/PDMR dealings |
| ID | 3897E |
10 March 2022
Cornerstone FS Plc ("Cornerstone" or "the Company")
Purchase of Shares by a Director
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that, Gareth Edwards, Non-Executive Director, has purchased 24,033 ordinary shares of 1 penny each ("Ordinary Shares") at a price of 16.9p per Ordinary Share.
Following this purchase, he now holds 389,721 Ordinary Shares representing approximately 1.65% of the current Issued Share Capital of the Company.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Gareth Edwards |
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2. |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification/Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Cornerstone FS Plc |
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b) |
LEI |
213800O41L2RXZ2BZ956 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument |
Ordinary Shares of 1 penny each |
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b) |
Identification code |
GB00BNG7CD28 |
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c) |
Nature of the transaction |
Purchase of Ordinary Shares |
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d) |
Price(s) and volume(s) |
Price: 16.9 pence per share Volume: 24,033 shares |
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e) |
Aggregated information - Aggregated volume - Price |
As for d) above |
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f) |
Date of the transaction |
10 March 2022 |
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f) |
Place of the transaction |
London Stock Exchange |
~ENDS~
Enquiries
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Cornerstone FS plc |
+44 (0)203 971 4865 |
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Julian Wheatland, Chief Executive Officer Judy Happe, Chief Financial Officer |
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SPARK Advisory Partners Limited (Nomad) |
+44 (0)203 368 3550 |
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Mark Brady |
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SP Angel Corporate Finance LLP (Broker) |
+44 (0)203 470 0470 |
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Jeff Keating, Harry Davies-Ball |
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Luther Pendragon (Financial PR) |
+44 (0)207 618 9100 |
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Harry Chathli, Claire Norbury |
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About Cornerstone FS plc
Cornerstone FS plc is a payments focused fintech business that makes managing currency simple for SMEs. It provides international payment, currency risk management and electronic account services using a proprietary cloud-based multi-currency payments platform. These services are delivered directly and via white label partners on a SaaS basis to SMEs that engage in international trade. Cornerstone also serves some high-net worth individual clients.
Headquartered in the City of London, UK and with an office in Dubai, Cornerstone is listed on AIM under the trading symbol 'CSFS'. For more information, please visit www.cornerstonefs.com.